Rütgers Organics to acquire European business of Viance

11:43 AM MDT | July 23, 2013 | Michael Ravenscroft

Rütgers Organics (Mannheim, Germany) and International Chemical Investors Group (Frankfurt) say they have signed a definitive agreement to acquire the European business of Viance (Charlotte, NC), a manufacturer of wood preservatives. The transaction, which is expected to close by the end of July, includes the sales and distribution activities of Viance in Europe and the production site of CSI Wood Protection (Barrow-in-Furness, UK). "The production site and the employees offer us an outstanding opportunity to further speed up our expansion," says...